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A personal-credit agreement in which an individual (the debtor) is provided with credit. Unless exempted, consumer-credit agreements are regulated by the Consumer Credit Act 1974 as amended by the Consumer Credit Act 2006, which contains provisions regarding the seeking of business, entry into agreements, matters arising during the currency of agreements, default and termination, security, and judicial control. A loan to an individual businessman for business purposes can be a consumer-credit agreement. There used to be a maximum financial level above which the protection did not apply that has been abolished.